Cuatrecasas advises Greenalia in obtaining €97m for the development of its renewable platform
Cuatrecasas has advised Greenalia Power Spain on the formalization of a 97 million euro financing with asset manager Macquire Asset Management, in order to refinance debt and finance new renewable projects.
Greenalia’s core business is the generation of renewable energy, in harmony with nature, through six technologies: onshore wind, offshore wind, solar, biomass, storage and hydrogen, providing employment and innovation in Europe and the United States.
With this transaction, Greenalia obtains financial backing to consolidate and accelerate the development and construction process of its portfolio of renewable assets in Spain, and thus achieve its goal of having 1 GW of operational projects by 2026.
The firm´s team in charge of the advisory services was formed by lawyers Agustín Cerdá, Mireia Martínez, Íñigo Várez and Vidal-Joan Vicente, from the Finance Department.
